Property for Sale in Aruba, Caribbean

Aruba became a separate, self-governing member of the Kingdom of Netherlands on 1986 when it seceded from the Netherlands Antilles.There are no restrictions on foreigners buying property.

Aruba is very desert like and has some of the best beaches in the Caribbean. Residential Property prices have not risen for a number of years in Aruba.

Residential property prices still remain low compared to property for sale in Spain or France.However Aruba is in the middle of a construction boom and the prices will not stay low for long.

When you have seen a home which you want to buy a Purchase and Sale Agreement should be signed after the price negotiations. A 10 % deposit of the selling price payable towards the escrow account of the selected notary is usually agreed upon.

The buyer will select the notary by the way. The deed can be signed in general within 8 weeks after signing the Purchase and Sale Agreement. For legal support concerning the contracts we advise you to contact the selected notary. Never pay the deposit directly to an agent or the seller, but always to the notary, preferably by international bank transfer.